$515,000
FOR SALE

Investment

Lot: 63.2 x 97.05 ftTotal Area: 6,133.5 ft2
2024 Taxes: $9,163.8

60 Dwyer Ave
Timmins, ON P0N 1G0 | Cochrane

This property presents a remarkable opportunity for investors, featuring a fully leased and well-maintained space occupied by a AAA tenant. With a double net rent of $31,000 per year and a long-term lease that extends until April 30th, 2027, along with options for multiple renewals, it stands as an appealing choice. The property's approx 6% CAP rate promises an excellent return and is strategically situated in a high-density area. Additionally, the lease agreement includes a base rent escalation. The Seller is highly motivated to sell and is excited to showcase this valuable opportunity, so be sure not to miss out!
Share
Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number T11997375
Last Updated Mar 03, 2025
Property Summary
Property Type Investment

More like this:
Category Retail
PIN 654070216
Legal Description PLAN M6T LOTS 131 AND 132 PCLS 698 AND 3253WT
Occupancy Tenant
Possession Date TBD
Taxes (2024) $9,163.8
Tax Type Annual
Directions/Cross Streets Lion Crest Lane and Grant Street
Area Cochrane
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 63.2 x 97.05 ft
Retail Area 3,022 ft2
Total Area 6,133.5 ft2
Approximate Age 51-99
Elevator None
Air Conditioning Y
Basement N
Garage Type Outside/Surface
Heat Type Gas Forced Air Closd
Financial Statement N
% Building 49
Outside Storage N
Soil Test N
Sprinklers Part
Sewers San+Storm
Utilities A
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Commercial NA-R3, NA-CN
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)